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The Crédit Lyonnais (French: [kʁedi ljɔnɛ], "Lyon Credit [Company]") was a major French bank, created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of the 20th century, it was the world's largest bank by total assets. [1]
1301 Avenue of the Americas (also known as the Crédit Agricole CIB Building, formerly the Crédit Lyonnais Building and the J.C. Penney Building) is a 609 ft (186m) tall skyscraper in Manhattan, New York City. It is located on the west side of Sixth Avenue (Avenue of the Americas) between 52nd and 53rd Streets.
LCL S.A. is a major French banking network that is part of the Crédit Agricole group, with registered office in Lyon and administrative head office in Paris, France. [2] It was established in 2005 from its predecessor the Crédit Lyonnais, and its name LCL refers to "Le Crédit Lyonnais".
René-Thierry Magon de la Villehuchet (23 April 1943 – 22 December 2008) was a French aristocrat, money manager, and businessman.He was one of the founders of Access International Advisors (AIA Group), a company caught and subsumed in the Madoff investment scandal in 2008.
After the fire, Credit Lyonnais sold the building to the insurer AIG for 1.3 billion. [2] Since the beginning, the building was open to the public, who could pass through its entire length, including the main branch of the bank, an office for the staff, and the international office. After the fire, the building was divided into two separate spaces.
CLSA Ltd. (formerly known as Credit Lyonnais Securities Asia) is a capital markets and investment group focused on alternative investment, asset management, corporate finance and capital markets, securities and wealth management for corporate and institutional clients.
Germain founded Crédit Lyonnais on 6 July 1863. [2] [3] It became the first bank in France to offer savings accounts with interest. [2]The first shareholders were Saint-Simon followers like Paulin Talabot (1799–1885), Barthélemy Prosper Enfantin (1796–1864), Arlès-Dufour, and Michel Chevalier (1806-1879). [2]
In July 1998, an anonymous French whistle-blower told the California Insurance Department that Crédit Lyonnais was the real buyer of the insurance company and controlled it through secret agreements. In early 1999, the California Insurance Department sued the bank and other parties, alleging fraud and seeking $2 billion in restitution.